Dejavoo:
Yes, it was the reading of the Z-Energy (ZNZ) prospectus that reminded me to listen to the CTX result presentation and to re-visit the company as an investment opportunity.
I noted that Z-Energy currently earns 16.5 NZ cents/litre in its fuel distribution business, compared to CTX's 4.4 Au cents/litre.
And while some structural market differences (mainly geography and retail/commercial mix) mean that CTX's fuel marketing margin is unlikely to ever match that of ZNZ, I do think that there is upside to CTX's margin once it is in a position in 2014 to sell everything it sources at full margin (unlike now, given Kurnell - by its very operational nature - produces products that are not in demand and therefore have to be discounted in the market or even sold at a loss)
I just didn't make any comparative reference to ZNZ's because I assumed no one would really be familiar with the company given its recent listed history. Seems I was wrong!
Cam
- Forums
- ASX - By Stock
- emerging from the chrysalis
ALD
ampol limited
Add to My Watchlist
1.47%
!
$25.47

Dejavoo:Yes, it was the reading of the Z-Energy (ZNZ) prospectus...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$25.47 |
Change
-0.380(1.47%) |
Mkt cap ! $6.069B |
Open | High | Low | Value | Volume |
$25.66 | $25.74 | $25.30 | $16.09M | 630.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 623 | $25.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.47 | 8811 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 623 | 25.460 |
2 | 100 | 25.450 |
2 | 5089 | 25.410 |
1 | 1000 | 25.400 |
2 | 5463 | 25.390 |
Price($) | Vol. | No. |
---|---|---|
25.470 | 8811 | 1 |
25.500 | 13002 | 1 |
25.560 | 3775 | 1 |
25.580 | 1473 | 1 |
25.590 | 846 | 1 |
Last trade - 16.12pm 08/07/2025 (20 minute delay) ? |
Featured News
ALD (ASX) Chart |